Apparently AIG, known mostly for its ability to go through large amounts of taxpayer money in order to cover outrageous bets, is reporting that it owes another 10 billion dollars that it hadn’t reported before, and which is not covered by the 150 billion dollars already allocated to it by the US government.
If that weren’t bad enough news, AIG has been taking advice from other industries and is paying out large retention bonuses, even after they were given sweet, sweet bailout green.